The GBPJPY pair succeeded in activating the bullish attempts by surpassing 202.40 barrier yesterday, to begin recording some gains by its stability near 203.30.

Note that stochastic attempt to reach towards the overbought level and providing extra bullish momentum will increase the chances of providing new bullish trading, to target 1.809% Fibonacci extension level near 203.90, and surpassing it will make it resume the bullish track, waiting for reaching 204.65 and 205.25.

The expected trading range for today is between 202.50 and 203.90

Trend forecast: Bullish

Platinum price continued forming bullish trading, approaching the sideways track barrier at $1605.00 level, taking advantage of the bullish momentum of the main indicators.

The continuation of suffering positive pressure and the stability of the support at $1520.00, these factors might increase the chances of breaching the current barrier then target more of the bullish stations by their rally towards $1642.00 directly, reaching the next main target near $1660.00.

The expected trading range for today is between $1545.00 and $ 1642.00

Trend forecast: Bullish

Copper price attempted to resist stochastic negativity, to keep its stability above the extra support level at $4.7500, forming bullish waves, to settle near$5.0500 attempting to confirm the main bullish scenario.

Gathering bullish momentum is important to support forming new bullish waves to reach $5.2000 barrier initially, and surpassing it will reinforce the chances of achieving extra gains that might begin at $5.3200 and $4.5000.

The expected trading range for today is between $4.9500 and $5.2000

Trend forecast: Bullish

The (ETHUSD) price rose in its last trading on the intraday basis, taking advantage of its continuous trading above EMA50, providing renewed bullish momentum, amid the effect of breaching minor bearish trend line on the short-term basis, besides forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals.

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